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Thursday, November 02, 2006

The Economic Picture According to the AP

Wizbang notes that the AP always leads its stories with the economic variable that is most negative to President Bush. Despite the Dow Jones hitting a record high, people's wages rising at the fastest clip in 20 years and very low unemployment rates, the AP points out that productivity is at a "standstill" that might cause inflation.

Nothing new really - the media has convinced the American people that our economy, which has grown at 4+% over the past 4 1/2 years, is still somehow the worst economy since the Great Depression.